When selling your home its good to be prepared and aware of cost associated with selling your home.
Closing costs are what you pay to sell your home. They are typically deducted from the total cost of your home sale. The closing costs may include but are not limited to:
Legal Expenses
When you’re transferring ownership of your property, you’ll need to cover the notary or lawyer fees. Having a real estate lawyer or notary is essential when selling a home. Costs vary depending on the complexity of your property sale..
Commissions
My commission is 7% on the 1st $100,000 and 3% on the remainder. These commissions are shared with the buyers agent. For more information on my services we can have a in depth discussion on what is included and why choose an experienced real estate agent like myself.
Mortgage Discharge
If you have a mortgage on your home you will need to discuss with your bank or mortgage broker the costs associated with cancelling or moving your mortgage over to a new property.
Other costs to consider;
Marketing
Staging
Moving
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